Eutelsat Communications (OTCMKTS:EUTLF) Shares Gap Up – Here’s Why

Shares of Eutelsat Communications (OTCMKTS:EUTLFGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $3.71, but opened at $4.00. Eutelsat Communications shares last traded at $4.00, with a volume of 381 shares.

Eutelsat Communications Price Performance

The business’s 50 day simple moving average is $3.88 and its 200 day simple moving average is $3.88. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.28 and a current ratio of 1.38.

Eutelsat Communications Company Profile

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Eutelsat Group, together with its subsidiaries, engages in the operation of telecommunication satellites. It provides capacity for video services, fixed data, and government services; and capacity in connectivity applications, such as fixed broadband and mobile connectivity. The company offers its services under the Eutelsat brand directly and through distributors.

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